Bank Historical Income Statement
601988 Stock | 5.03 0.01 0.20% |
Historical analysis of Bank of China income statement accounts such as Selling General Administrative of 42.5 B, Total Revenue of 591.3 B or Gross Profit of 452.3 B can show how well Bank of China performed in making a profits. Evaluating Bank of China income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank of China's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bank of China latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of China is a good buy for the upcoming year.
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About Bank Income Statement Analysis
Bank of China Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bank of China shareholders. The income statement also shows Bank investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Bank of China Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Bank of China generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Bank of China minus its cost of goods sold. It is profit before Bank of China operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of China. It is also known as Bank of China overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Bank of China's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of China current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of China. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Total Other Income Expense Net is expected to grow to about 1.8 B, whereas Interest Expense is forecasted to decline to about 294.4 B.
2023 | 2024 (projected) | Gross Profit | 514.5B | 452.3B | Total Revenue | 621.9B | 591.3B |
Bank of China income statement Correlations
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Bank of China Account Relationship Matchups
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Bank of China income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 368.0B | 344.2B | 364.3B | 421.6B | 582.3B | 294.4B | |
Selling General Administrative | 153.8B | 151.1B | 170.6B | 172.3B | 44.8B | 42.5B | |
Total Revenue | 548.1B | 565.4B | 604.1B | 617.4B | 621.9B | 591.3B | |
Other Operating Expenses | 35.4B | 18.5B | 51.3B | 55.8B | 50.2B | 37.6B | |
Net Income From Continuing Ops | 201.9B | 205.1B | 227.3B | 237.5B | 246.4B | 227.2B | |
Income Before Tax | 250.6B | 246.4B | 276.6B | 284.6B | 295.6B | 276.3B | |
Net Income Applicable To Common Shares | 173.3B | 180.6B | 180.8B | 205.9B | 236.8B | 193.3B | |
Net Income | 187.4B | 192.9B | 216.6B | 227.4B | 231.9B | 213.2B | |
Income Tax Expense | 48.8B | 41.3B | 49.3B | 47.1B | 54.2B | 48.4B | |
Minority Interest | 125.0B | 124.4B | (10.8B) | (10.1B) | (14.5B) | (13.7B) | |
Tax Provision | 48.8B | 41.3B | 49.3B | 47.1B | 49.2B | 48.0B | |
Net Interest Income | 374.3B | 415.9B | 425.1B | 460.7B | 466.5B | 432.7B | |
Interest Income | 742.2B | 760.1B | 789.5B | 882.3B | 1.0T | 838.7B | |
Reconciled Depreciation | 25.4B | 27.5B | 28.8B | 29.2B | 30.4B | 27.5B |
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Bank of China Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bank of China shareholders. The income statement also shows Bank investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).